About Amerigroup
Amerigroup is a company based in Virginia Beach (United States) founded in 1994 was acquired by Anthem in July 2012.. Amerigroup offers products and services including Medicaid Plans and Medicare Plans.
- Headquarter Virginia Beach, United States
- Stage Public
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Phone
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Website
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Social
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- Legal Name Amerigroup Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$5 M (USD), Grant
Sep 01, 2014
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Investors
Elevance Health
& 1 more
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Employee Count
Employee Count
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Acquired by
Anthem
(Jul 09, 2012)
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Products & Services of Amerigroup
Amerigroup offers a comprehensive portfolio of products and services, including Medicaid Plans and Medicare Plans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Low-cost coverage is provided for children, adults, and families through state-sponsored programs to meet healthcare needs
Plans are offered for seniors and individuals with disabilities, including Advantage, Special Needs, HMO, Supplement, and Part D options to address various healthcare requirements
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Funding Insights of Amerigroup
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $5.0M
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First Round
First Round
(01 Sep 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2014 | Amount | Grant - Amerigroup | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Amerigroup
Amerigroup has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Elevance Health and HHS. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Public health and human services are overseen by HHS.
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Founded Year | Domain | Location | |
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Health benefits management software is provided for patients and enterprises.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Amerigroup
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Amerigroup
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Amerigroup Comparisons
Competitors of Amerigroup
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Amerigroup
When was Amerigroup founded?
Amerigroup was founded in 1994 and raised its 1st funding round 20 years after it was founded.
Where is Amerigroup located?
Amerigroup is headquartered in Virginia Beach, United States. It is registered at Virginia Beach, Virginia, United States.
What does Amerigroup do?
Founded in 1994 and based in Virginia Beach, United States, Amerigroup functions within the health insurance sector. Coverage under Medicaid is delivered for children, adults, and families, alongside Medicare Advantage, Special Needs, HMO, and supplemental options. Assistance with plan selection is offered, along with member support and pathways to healthcare services. Tools and resources are supplied for managing health plans, supported by a dedicated mobile application.
What products or services does Amerigroup offer?
Amerigroup offers Medicaid Plans and Medicare Plans.
Who are Amerigroup's investors?
Amerigroup has 2 investors. Key investors include Elevance Health, and HHS.
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